An increase of 2,915 % in net profit was recorded by Venezuelan banks from January to June of this year, thanks to innovation in the sector, the offer of new products and services, and an increase in the loan portfolio.
The amount reached by the sector was 7,694.8 million bolivars, which far…
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adjustments
Chileans will have salary increase in May
The Government of Chile, through the Ministry of Labor and Social Welfare and the Ministry of Finance, has reached an agreement with the Workers Central Union (CUT in Spanish) of Chile, the largest trade union organization in the country,…
Thomas Lee predicts bitcoin price hike in August
Thomas Lee, co-founder of Fundstrat Global Advisors and known as a price forecaster, said in an interview with CNBC that the price of bitcoin will "explode" by August.
With these statement, Lee has referred to an upward trend of the main …
Cuba foresees adjustments due to deterioration of financial scenario
Cuba is going through a crisis that affects the financial sector. The outlook is characterized by a marked drop in income, lack of cash, weak economic growth and increased debt. This will undoubtedly boost austerity measures and pressure…
Huobi announces dismissal of personnel for adjustments
The end of 2018 will be bleak for a large percentage of Huobi Group employees after the announcement of a "minor" adjustment that involves a wave of layoffs.
The main Chinese exchange, with more than 1,000 workers, seems to follow the…